Fuelcell Energy (FCEL) Debt Ratio (2010 - 2026)
Fuelcell Energy (FCEL) reported Debt Ratio of 0.02 for Q2 2026, down 10.81% on a YoY basis from 0.02 in Q2 2025, and down 4.91% sequentially from 0.02 in Q1 2026.
Fuelcell Energy (FCEL) Debt Ratio (2010 - 2026) Analysis & Trends
Fuelcell Energy (FCEL) has 17 years of Debt Ratio data on file, last reported at 0.02 in Q2 2026.
- For the quarter ending Q2 2026, Debt Ratio fell 10.81% year-over-year to 0.02; the trailing twelve-month figure through Apr 2026 stood at 0.02 (down 10.81% YoY), and the FY2025 full-year result was 0.02, up 0.8% from the prior year.
- Debt Ratio fell to 0.02 in Q2 2026, from 0.02 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.02 in Q3 2025 to a low of 0.01 in Q3 2023.
- A 5-year average of 0.01 and a median of 0.01 in 2022 frame the typical range for Debt Ratio.
- Across the five-year window, Debt Ratio sank 56.95% in 2022 and surged 68.44% in 2025, its largest moves.
- Tracing FCEL's Debt Ratio over 5 years: stood at 0.01 in 2022, then declined by 24.98% to 0.01 in 2023, then jumped by 60.09% to 0.02 in 2024, then increased by 0.8% to 0.02 in 2025, then grew by 1.72% to 0.02 in 2026.
- Business Quant data shows FCEL's Debt Ratio at 0.02 in Q2 2026, 0.02 in Q1 2026, and 0.02 in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Electrovaya | 402.48 Bn | 402.45 Bn | 6.04 Mn | 0.30 |
| 2 | Vertiv Holdings | 106.95 Bn | 104.45 Bn | 999.70 Mn | 0.22 |
| 3 | Bloom Energy | 50.83 Bn | 48.34 Bn | 225.54 Mn | - |
| 4 | Hubbell | 25.55 Bn | 25.03 Bn | 505.30 Mn | 0.31 |
| 5 | nVent Electric | 23.46 Bn | 23.27 Bn | 445.60 Mn | 0.22 |
| 6 | Advanced Energy Industries | 10.71 Bn | 10.02 Bn | 200.90 Mn | 0.44 |
| 7 | Acuity Inc. (De) | 10.03 Bn | 9.62 Bn | 606.40 Mn | 0.15 |
| 8 | Powell Industries | 7.87 Bn | 7.33 Bn | 87.94 Mn | - |
| 9 | EnerSys | 6.97 Bn | 6.53 Bn | 290.87 Mn | 0.28 |
| 10 | Fuelcell Energy | 1.13 Bn | 760.38 Mn | -12.93 Mn | 0.02 |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 0.02 |
| Jan 31, 2026 | 0.02 |
| Oct 31, 2025 | 0.02 |
| Jul 31, 2025 | 0.02 |
| Apr 30, 2025 | 0.02 |
| Jan 31, 2025 | 0.02 |
| Oct 31, 2024 | 0.02 |
| Jul 31, 2024 | 0.01 |
| Apr 30, 2024 | 0.01 |
| Jan 31, 2024 | 0.01 |
| Oct 31, 2023 | 0.01 |
| Jul 31, 2023 | 0.01 |
| Apr 30, 2023 | 0.02 |
| Jan 31, 2023 | 0.01 |
| Oct 31, 2022 | 0.01 |
| Jul 31, 2022 | 0.01 |
| Apr 30, 2022 | 0.01 |
| Jan 31, 2022 | 0.01 |
| Oct 31, 2021 | 0.01 |
| Jul 31, 2021 | 0.01 |